Equity
-€10.1m
Debts exceed assets in financial year 2024.
HomeServe Belgium
Lifetime
4 annual accounts with figures on one time axispeak -€641,889 (2023)
-€2.7m▼ €2.1m
lowest -€4.0m (2024)
-€4.0m▼ €2.7m
peak -€1.6m (2021)
-€10.1m▼ €4.0m
€12.6m▲ 50.6%
peak 4 FTE (2024)
4 FTE▲ 33.3%
Board5 names since 2020
3 directorsHUSER Guillaume and 2 others
Owners2 names in the annual accounts
consolidatesBrookfield Corporation
Documentsfilings and deeds
13-05-2026286 days late
2024financial year
Gross margin from -€641,889 to -€2.7mLoss of €4.0mStaff from 3 FTE to 4 FTEReappointment: Deloitte Réviseurs d'Entreprises (statutory au… 20-08Equity from -€6.1m to -€10.1mDebts from €8.4m to €12.6m
Key points
from the 2024 annual accountsLosses
-€8.7m in four years
Every financial year from 2021 to 2024 closed with a loss. 2024 was the heaviest.
Debts
€12.6m 490% of the balance sheet
Suppliers 12%Taxes and wages 1%Other 88%
Of this, €11.3m falls due within a year.
Filings
4 annual accounts 5 filings, 100 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
At the same address
148 companies
Position in the sector
-391.6%
Lower solvency than 95% of companies in repair of computers and personal goods. Sector median 33.2% · 575 companies.
Net result -196%: 12-month year
Checked score
28
Weak
Financially stronger than 9% of micro companies in repair of computers and personal goods (NACE 95)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
11.9% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 5,137 companies (NACE 95, micro).
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.9%
01-2025: 3.9%● unchanged vs 12-2024
02-2025: 3.9%● unchanged vs 01-2025
03-2025: 3.8%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: 3.8%● unchanged vs 03-2025lowest value
05-2025: 3.8%● unchanged vs 04-2025
06-2025: 3.9%▲ +0.1 percentage points vs 05-2025
07-2025: 3.9%● unchanged vs 06-2025
08-2025: 4.6%▲ +0.7 percentage points vs 07-2025
09-2025: 5.3%▲ +0.7 percentage points vs 08-2025
10-2025: 6.9%▲ +1.6 percentage points vs 09-2025
11-2025: 7.0%▲ +0.1 percentage points vs 10-2025
12-2025: 8.0%▲ +1.0 percentage point vs 11-2025
01-2026: 10.2%▲ +2.2 percentage points vs 12-2025
02-2026: 10.2%● unchanged vs 01-2026
03-2026: 10.2%● unchanged vs 02-2026
04-2026: 9.5%▼ -0.7 percentage points vs 03-2026
05-2026: 9.5%● unchanged vs 04-2026
06-2026: 8.2%▼ -1.3 percentage points vs 05-2026
07-2026: 8.4%▲ +0.2 percentage points vs 06-2026
08-2026: 9.3%▲ +0.9 percentage points vs 07-2026
09-2026: 10.7%▲ +1.4 percentage points vs 08-2026
10-2026: 11.9%▲ +1.2 percentage points vs 09-2026highest value
11-2026: 11.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 286 days late; 2 of the last 3 accounts late
Loss of €4.0m, the second in a row (financial year 2024)
Figures for financial year 2024 (filed on 15-05-2026)
Size: 4 FTE, total assets €2.6m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 6% of them on solvency, 16% on liquidity, 5% on profitability and 8% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as HomeServe Belgium has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of HomeServe Belgium itself is higher: 11.9% within 12 months. It rests on far more data about HomeServe Belgium than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for HomeServe Belgium. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.15 (0.21 in 2023), below 1. Short-term debt is 439.8% and cash 17.7% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2122232324
2021 to 2024 · latest year -€10.1m
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
raises risk · 2024 accounts filed 286 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-05-2026, 286 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
286 days late
2023
107 days late
2023
7 days early
2022
on the day
2021
5 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 78 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0747972938
Reappointment: Deloitte Réviseurs d'Entreprises (statutory auditor)
General meeting of 03-10-2023 · Gazette deed
2 directors appointed, 1 resignation
Appointments: JKML (director) and HUSER Guillaume (director) · Permanent representative: KERCKHOF Jackie Albert Herman Noël · Resignation: MAGNE Elodie Myriam Pierette (day-to-day manager) · General meeting of 23-10-2023 · Gazette deed
Registered-office move
Board meeting of 20-08-2021 · Gazette deed
Comparable companies
same main activity, the nearest in size| Company | ||||
|---|---|---|---|---|
| HomeServe Belgium Saint-Josse-ten-Noode | €2.6m | -€2.7m | -391.6% | 4 |
| MR BELGIUM Ixelles | €0.4m | €0.03m | 37.6% | - |
| SBR-ELECTRONICS Wingene | €0.9m | €0.06m | 9.5% | - |
| SUNPROFIT Bonheiden | €0.3m | €0.03m | 63.4% | - |
| GEBROEDERS WUYTS Putte | €0.3m | €0.004m | 97.9% | - |
| Marcotty Wavre | €0.3m | €0.04m | 46.9% | - |
| Imofin Invest Molenbeek-Saint-Jean | €0.9m | €0.1m | 7.4% | - |
These companies have the same main activity as HomeServe Belgium: repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95220). They are smaller than HomeServe Belgium: total assets between €268,000 and €899,000, founded between 1987 and 2018.
Official details
Source: KBO- Status
- Active since 08-06-2020Normal situation
- Registered office
- 150 active companies are registered at this address17 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcyclesNACE 95220and 5 others
- Joint committee
- 307Insurance brokers and agencies · annual accounts 2024
- Establishment unit
- 2.304.578.6561210 Saint-Josse-ten-Noode, since 01-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Insights on HomeServe Belgium
Solvency fell in 2024 from -257.2% to -391.6% because of the loss.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HomeServe Belgium
- What is the company number of HomeServe Belgium?
- The company number of HomeServe Belgium is 0747.972.938. The VAT number is the same number with BE in front: BE 0747.972.938.
- Where is HomeServe Belgium based?
- The registered office is at Bolwerklaan 21, 1210 Saint-Josse-ten-Noode.Company details
- What does HomeServe Belgium do?
- According to the KBO register, the main activity is repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95220).
- What is the legal form of HomeServe Belgium?
- HomeServe Belgium is a private limited company (BV).
- When was HomeServe Belgium founded?
- HomeServe Belgium was founded on 08-06-2020.
- Is HomeServe Belgium still active?
- Yes, HomeServe Belgium is an active enterprise in the KBO register.
- How many employees does HomeServe Belgium have?
- HomeServe Belgium had an average of 4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does HomeServe Belgium fall under?
- In its 2024 annual accounts, HomeServe Belgium states joint committee 307 (Insurance brokers and agencies).
- What is the turnover of HomeServe Belgium?
- The annual accounts for financial year 2024 state no turnover. In financial year 2023 turnover was €1.3m.
- Is HomeServe Belgium profitable?
- In financial year 2024, HomeServe Belgium made a loss of €4.0m.
- Where can I find the annual accounts of HomeServe Belgium?
- HomeServe Belgium filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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